2014 TTD to ZAR Historical Review

YEARLY HIGH

1.8390 ZAR

YEARLY LOW

1.5983 ZAR

YEARLY AVERAGE

1.6999 ZAR

2014 TTD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TTD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.8390. Conversely, the yearly low was recorded on May 24, dropping to 1.5983.

This high-to-low spread represents a total annual volatility of 0.2407 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.6944 to the December average rate of 1.8071, the exchange rate registered a net change of 6.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.8390 was up 12.38% compared to the 2013 peak of 1.6364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TTD based on timing:

Yearly Peak High 9,195 ZAR

2013 Average 7,528 ZAR

Yearly Trough Low 7,992 ZAR

Transaction Impact: A difference of 1,203.51 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.8262

1.5965

JanuMarcMayJulySeptNove

TTD to ZAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.6677, compared to 1.7321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0644 points.

H1 Avg (Jan–Jun) 1.6677

H2 Avg (Jul–Dec) 1.7321

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1226 ZAR (High: 1.7610 / Low: 1.6383). On the other end, August was the most stable month, with a tight range of 0.0311 ZAR (High: 1.6993 / Low: 1.6681).

January Spread (Volatile) ±0.1226

August Spread (Stable) ±0.0311

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0473 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.8071) against the same month in 2013 (average: 1.6177), the exchange rate shifted by +0.1894 (+11.71%).

2014 Avg (December) 1.8071

2013 Avg (December) 1.6177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7610	1.6383	1.6944
February	1.7559	1.6790	1.7137
March	1.7076	1.6465	1.6842
April	1.6536	1.6219	1.6369
May	1.6355	1.5983	1.6156
June	1.6886	1.6383	1.6617
July	1.6954	1.6501	1.6766
August	1.6993	1.6681	1.6810
September	1.7795	1.6801	1.7311
October	1.7794	1.7172	1.7472
November	1.7793	1.7280	1.7498
December	1.8390	1.7370	1.8071